Cape Coral, FL 33909,1302-1304 NE 16th TER
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Cape Coral, FL 33909,1302-1304 NE 16th TER
Cape Coral, FL 33909,1302-1304 NE 16th TER
Cape Coral, FL 33909,1302-1304 NE 16th TER
Cape Coral, FL 33909,1302-1304 NE 16th TER
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$ 475,000
Est. payment /mo
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1302-1304 NE 16th TER Cape Coral, FL 33909

4 Beds

4 Baths

0.25 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 225022319

Bedrooms 4

Full Baths 4

Year Built 2006

Annual Tax Amount $9,890

Tax Year 2024

Lot Size 0.255 Acres

Acres 0.255

Property Sub-Type Duplex

Source Florida Gulf Coast

Property Description

** Investor's dream! This centrally located duplex offers an incredible opportunity with reliable rental income. The very spacious apartments have vaulted ceilings and open-concept living, with tile flooring throughout. Each unit features two bedrooms plus a den, and a one-car garage and in-unit laundry. A screened porch and a convenient 10x12 concrete pad in the backyard provide a comfortable outdoor living space.

** Several capital expenditures in the recent past, including: A new roof was installed in 2023; All the kitchen appliances and the water heater were replaced recently inside unit 1302; A new water softener was installed for the property; Freshly painted inside, the property is well-maintained.

** Seller has made a partial payment towards water and sewer assessments in his 2024 property taxes.

** Located near Del Prado Blvd and Pine Island Road, it is perfectly situated close to restaurants, shopping centers, and many other services, while offering a quiet retreat away from busy streets. Don't miss this excellent opportunity!

** Both units are rented and provide a steady monthly income. Tenants are reliable, pay on time, and wish to stay, making this a truly hassle-free and profitable investment.

** DO NOT GO ON PROPERTY WITHOUT AN APPOINTMENT, AND DO NOT DISTURB THE TENANTS.

Location

State FL

County Lee

Area Cc31 - Cape Coral Unit 17, 31-36,

Zoning R3-D

Direction Use GPS

Interior

Heating Central Electric

Cooling Ceiling Fan(s), Central Electric

Flooring Tile

Window Features Single Hung

Appliance Water Softener

Exterior

Community Features Non-Gated

Utilities Available Cable Available

Waterfront Description None

Roof Type Shingle

Private Pool No

Building

Lot Description Regular

Faces Use GPS

Sewer Assessment Unpaid

Water Assessment Unpaid

Structure Type Concrete Block,Stucco

New Construction No

Others

Tax ID 31-43-24-C3-02116.0010

Acceptable Financing Cash

Listing Terms Cash


Listed by Traikos Real Estate • George Traikos
agent

Stacey Reed

Agent | B3106809

+1(239) 247-3657

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1302-1304 NE 16th TER